Svelteness in China is a US$150 billion market, with dozens of drug producers vying for it
In China, over 60 late-stage drugs are undergoing clinical trials. In the coming years, these may
compete with the products of incumbents such as Denmark's Novo Nordisk and US-based Eli Lilly, Boston-based global consultancy L.E.K. Consulting said in a report in May.
Innovent Biologics, based in eastern China's Jiangsu province, was the first domestic firm to win approval to market a weight loss drug in the country.
Here are some questions answered about this nascent, but fast-growing drug market.
The logo of Novo Nordisk at the company's office in Bagsvaerd, on the outskirts of Copenhagen, Denmark, March 8, 2024. Photo: Reuters
What are GLP-1 weight-loss drugs?
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